NewsColony

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Business

U.S. approves over $1.2 billion grants to 405 airports

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The United States Government has awarded more than $1.2 billion in airport safety and infrastructure grants through the Federal Aviation Administration (FAA) to 405 airports...
Business

Ethiopian Airlines completes global first post-virus passenger terminal

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Africa’s leading airline, Ethiopian Airlines Group, has announced that it has successfully completed a new passenger terminal at its hub in Addis Ababa Bole International...
Business

Akinwmi Adesina: Why I should be re-elected to lead AfDB for another five years

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African Development Bank President Akinwumi Adesina on Wednesday made a case for his re-election as head of the institution, saying that he wanted to fulfil...
Business

Innocent Chukwuma: Innoson Vehicle Manufacturing only imports engine, light

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Chief Innocent Chukwuma, Chairman/CEO, Innoson Vehicle Manufacturing, IVM, has revealed that his company only imports engine and light, as all the electrical aspects and other...
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ByteDance, Microsoft offer White House a deal to keep TikTok in the U.S.

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China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President...
Business

Dutch airline KLM to cut 5,000 jobs

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Dutch airline KLM said Friday it would shed up to 5,000 jobs due to a “crisis of unprecedented magnitude” caused by the coronavirus pandemic. The...
Business

Starved of dollars, Nigerian businesses struggle for survival

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As women in hairnets and anti-coronavirus masks sort through folded nappies coming off a conveyor belt, the head of the Nigerian firm they work for...
Business

UBA announces global management appointments

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The United Bank for Africa Plc (UBA) has announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun and Usman Isiaka...
Business

South Africa’s MTN buoyed by expected leap in first-half earnings

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South Africa’s MTN Group expects first-half sales to double, beating analyst estimates, the company said on Friday, sending its shares up more than 7%. The...